OCC Bulletin 2019-20| April 26, 2019

Other Real Estate Owned: Notice of Proposed Rulemaking


Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies of Foreign Banks; Department and Division Heads; All Examining Personnel; and Other Interested Parties


On April 24, 2019, the Office of the Comptroller of the Currency (OCC) published a notice of proposed rulemaking (NPR) on other real estate owned (OREO) activities for national banks and federal savings associations. OREO refers to real estate acquired in satisfaction of debts previously contracted and real estate no longer used or planned to be used to conduct banking activities.

Note for Community Banks

The proposed rule would apply to OREO activities at all national banks and federal savings associations.


The proposed rule would

  • clarify and streamline the OCC’s existing OREO rule for national banks.
  • update the regulatory framework for OREO activities at federal savings associations.
  • make technical amendments to the capital rules, including on provisions related to OREO.

Further Information

Please contact Charlotte Bahin, Senior Advisor for Thrift Supervision, at (202) 649-6281; J. William Binkley, Attorney, Office of the Chief Counsel, at (202) 649-5500; or Kevin Korzeniewski, Counsel, Office of the Chief Counsel, at (202) 649-5490.


Jonathan V. Gould
Senior Deputy Comptroller and Chief Counsel

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